521 W Symmes Street Norman, OK 73069
- Added:
- Feb 10, 2026
- Days on Market:
- 86
- Last Refresh:
- May 7 at 2:06 pm
Property Features for 521 W Symmes Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 8
- Rooms
- Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 6, Bedroom 2, Bathroom 8, Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 7, Bathroom 5
- Standard status
- Pending
- APN
- 521WSymmes73069
- Size
- 4,988 SF
- Lot size
- 0.20 Acres
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1940
- Floors in Building
- 3
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Victorian
Listing agent Rick Terrell (405) 620-1268
Listing office Equity Oklahoma Real Estate 6310 Glenbrook Ct, Oklahoma City, OK (405) 429-8160
Listing date Feb 10, 2026
MLS# 1213473
Listing URL
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied 8‑unit apartment building providing immediate income.
- Excellent value‑add opportunity near the University of Oklahoma campus.
- Five month‑to‑month tenants offer flexibility.
- Proximity to campus, shopping, and downtown Norman amenities ensures long‑term demand.
- Strong upside potential through improvements and rental rate optimization.
- Mix of unit types: seven 1‑bedroom/1‑bath and one 2‑bedroom/1‑bath.
Overview
Fully Occupied Investment Opportunity
This three-story, 8-unit multifamily property is located blocks from the University of Oklahoma campus. The building features seven 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, totaling approximately 4,988 square feet on an 8,712 square foot lot. Rear parking access is available from the alley. The property, built in 1940, is a wood-frame structure with a pier and beam foundation. It has central heat provided by two furnaces, and window unit air conditioning. The property is currently 100% occupied, providing immediate income. Five tenants are month-to-month, offering flexibility for future rent adjustments or renovation planning, and three units are under lease. Current rents range from $650 to $800 per month. The owner currently pays all utilities. The property reflects deferred maintenance and presents strong upside potential through exterior improvements, interior updates, and rental rate optimization. Located in close proximity to campus, shopping, and downtown Norman amenities, this property offers long-term demand stability and repositioning opportunity for investors seeking cash flow with value-add potential. The property is being sold "As Is".
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.448601
- Latitude
- 35.215378
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 8-unit multifamily property near OU, offering immediate income.
Where is this apartment building located?
The property is located at 521 W Symmes Street Norman, OK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully occupied 8‑unit apartment building providing immediate income.; Excellent value‑add opportunity near the University of Oklahoma campus.; Five month‑to‑month tenants offer flexibility.
